Palamina Corp. (CVE:PA – Get Free Report)’s stock price traded down 8.3% on Thursday . The stock traded as low as C$0.11 and last traded at C$0.11. 50,900 shares changed hands during trading, an increase of 21% from the average session volume of 42,089 shares. The stock had previously closed at C$0.12.
Palamina Price Performance
The company’s fifty day simple moving average is C$0.10 and its 200-day simple moving average is C$0.10. The firm has a market capitalization of C$7.13 million, a PE ratio of -3.63 and a beta of 2.38.
About Palamina
Palamina Corp. engages in the exploration of mineral deposits in Peru and Mexico. It explores for gold, copper, and silver deposits. The company owns interests in the Usicayos, Panorama, Galena, Bendi, Cori, Yin Inca, Gaban, Yang, and Tinka projects located in Peru. Palamina Corp. was incorporated in 2015 and is headquartered in Toronto, Canada.
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